US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on feud with Trump.

Justin, Anthony and Marianna answer your questions on the devastating flash floods in Texas, which have killed tens of people, including children at a summer camp, and where search and rescue operations are ongoing.

Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the United States, Treasury Secretary Scott Bessent said Sunday, just three days before the Trump administration’s initial July 9 deadline for tariffs to return.